Rate Watch 4-13-2011

Alert to Lock:
Stocks are up this morning as they attempt to rebound from yesterday's triple digit losses. Mortgage Backed Securities are in the RED as investors shift back into more risk based trades. Giving Stocks a boost this morning is solid earnings reports from JP Morgan Chase, as well as a better than expected Retail Sales Report. Crude Oil has stabilized today after yesterday’s selloff. Crude Oil this morning is at $106.41 per barrel. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.